Hello everyone!
So I have observed STZ for many years now and am currently invested in the stock. Excellent company in terms of fundamentals and I think they're making the right moves in terms of their acquisitions especially Ballast Point. However, their move into the weed industry and a potential reduction in excise taxes proposed by Senate Republicans is promising for a further movement to the upside, in my most humble opinion. Here are the links regarding these pieces of news...
Weed Industry Exposure: http://ift.tt/2yZKqf2
Potential Reduction in Alcohol-related Excise Tax: http://ift.tt/2muWKRL
I also do some very brief analysis in this video as well: https://youtu.be/GCwXEcsSUw8
What are your thoughts on these recent moves by Constellation Brands? Would love to hear both the opinions of the bulls and bears.
Submitted November 23, 2017 at 07:38AM by seoul_investor http://ift.tt/2Apx8Mk
